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The concrete fibers market size is forecast to increase by USD 1.14 billion at a CAGR of 7.8% between 2024 and 2029.
The concrete fibers industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
The synthetic concrete fibers segment is estimated to witness significant growth during the forecast period. Synthetic concrete fibers, crafted from materials like polypropylene, polyester, nylon, and polyethylene, play a crucial role in reinforcing concrete and enhancing its mechanical properties. These fibers offer versatility, making them a preferred choice across various construction sectors. Their lightweight nature, corrosion resistance, and chemical stability contribute to their widespread adoption. Micro-synthetic fibers, typically shorter than 19 mm, primarily focus on controlling plastic shrinkage cracking and bolstering early-age concrete performance. In contrast, macro-synthetic fibers, with lengths exceeding 19 mm, are engineered to amplify post-crack load-bearing capacity, toughness, and durability, making them ideal for structural applications, such as slabs-on-grade, tunnel linings, precast elements, industrial flooring, and shotcrete.
Fiber types vary, including polypropylene, glass, carbon, basalt, and steel fibers. Each fiber type offers unique benefits, such as enhanced fire resistance, thermal resistance, alkali resistance, and impact resistance. Fiber certification, fiber volume fraction, and fiber treatment are essential considerations for ensuring fiber quality and performance. Fiber processing techniques, such as fiber blending, fiber distribution, and fiber testing, are crucial to maintaining consistent fiber quality and ensuring optimal fiber dispersion in concrete mix design. The adoption of electric arc furnace technology is also playing a crucial role in enhancing steel production efficiency and sustainability. High-performance concrete, self-consolidating concrete, and fiber-reinforced concrete are some applications that significantly benefit from synthetic fiber reinforcement. Green building initiatives have led to increased demand for eco-friendly materials, including synthetic fibers.
Fiber-reinforced concrete is a sustainable construction solution that offers enhanced durability and reduced material usage. Infrastructure rehabilitation, concrete repair, and concrete restoration projects also rely on synthetic fibers for crack control and structural strengthening, contributing to the market's growth.
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The Synthetic concrete fibers segment was valued at USD 931.90 billion in 2019 and showed a gradual increase during the forecast period.
North America is estimated to contribute 32% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market in North America experiences substantial growth due to significant investments in construction and infrastructure projects. Factors such as large-scale expenditures and legislative initiatives, like the Infrastructure Investment and Jobs Act (IIJA), aiming to modernize and expand infrastructure, drive the demand for concrete fibers in the region. In 2023, US construction spending reached an impressive USD 1.6 trillion, covering residential, non-residential, and infrastructure projects. This massive investment necessitates the use of durable and high-performance construction materials, including concrete fibers. These fibers contribute to enhancing the structural integrity and longevity of buildings and infrastructure, making them essential components in large-scale projects.
Concrete fibers offer various benefits, such as improved shear strength, environmental impact reduction, fatigue resistance, and fire resistance. They also contribute to the production of lightweight concrete, which is increasingly popular in residential and commercial construction. Fiber length, diameter, and dispersion play crucial roles in fiber performance, while certification ensures fiber quality. Manufacturers employ various fiber processing techniques to produce macro and micro synthetic fibers, including carbon, glass, steel, basalt, and polypropylene fibers. Net-zero energy buildings, resilient infrastructure, and smart building technologies are becoming the norm, driving the demand for innovative, lightweight construction materials. Fiber treatment and fiber blending further enhance their properties, such as tensile strength, compressive strength, flexural strength, impact resistance, alkali resistance, and corrosion resistance.
The use of eco-friendly materials and sustainable construction practices also influence market trends. In industrial and civil engineering applications, concrete fibers play a vital role in structural strengthening, crack control, and seismic resistance. Concrete repair and infrastructure rehabilitation projects also benefit from the use of these fibers. Fiber testing and fiber characterization are essential for ensuring consistent fiber quality and performance in concrete mix design.
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The concrete fibers market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the concrete fibers market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, concrete fibers market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
ABC Polymer Industries LLC - The company offers FiberForce, its line of high-performance concrete fibers, enhancing infrastructure durability and resilience.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The concrete industry continues to evolve, with fiber reinforcement playing an increasingly significant role in enhancing the properties of concrete structures. Fiber reinforcement, which includes carbon, glass, basalt, and synthetic fibers, among others, offers several advantages such as shear strength enhancement, durability improvement, and crack control. One of the primary benefits of fiber reinforcement is the increase in shear strength, which is crucial in structures subjected to heavy loads or lateral forces. The addition of fibers to concrete mix design improves its resistance to shear stress, thereby increasing the overall structural integrity. Moreover, fiber reinforcement contributes to the environmental sustainability of concrete structures through the use of eco-friendly materials. The production and processing of fibers can be optimized to reduce the carbon footprint, making fiber-reinforced concrete a viable option for green building and sustainable construction projects. Fiber length and diameter are essential factors in determining the performance of fiber reinforcement. Longer fibers provide better bond strength and improve the overall tensile and flexural strength of the concrete. Similarly, smaller fiber diameters lead to better fiber dispersion, ensuring uniform distribution throughout the concrete mix. Fiber certification plays a vital role in ensuring the quality and consistency of fiber reinforcement. Proper certification ensures that the fibers meet specific standards for strength, durability, and other performance characteristics.
This, in turn, enhances the reliability and safety of fiber-reinforced concrete structures. Fiber-reinforced concrete is gaining popularity in various sectors, including residential, commercial, and industrial construction. Its lightweight nature makes it an ideal choice for structures requiring reduced weight, such as precast concrete and self-consolidating concrete. Additionally, fiber reinforcement is essential in infrastructure rehabilitation, concrete repair, and structural strengthening, including seismic resistance and fire resistance. The use of fiber reinforcement also offers several benefits in high-performance concrete applications. It improves the compressive strength, thermal resistance, and alkali resistance of concrete, making it suitable for various applications, such as structural concrete and decorative concrete. Fiber manufacturing techniques continue to evolve, with advancements in fiber processing and treatment leading to improved fiber quality control and fiber distribution. These advancements contribute to the overall performance and reliability of fiber-reinforced concrete structures. Fiber reinforcement plays a crucial role in enhancing the properties and performance of concrete structures. Its benefits include increased shear strength, durability, and crack control, as well as improved environmental sustainability and eco-friendliness. The use of fiber reinforcement is gaining popularity across various sectors, and advancements in fiber manufacturing and processing continue to drive innovation and improvements in the industry.
Market Scope |
|
Report Coverage |
Details |
Page number |
217 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.8% |
Market growth 2025-2029 |
USD 1.14 billion |
Market structure |
Fragmented |
YoY growth 2024-2025(%) |
7.4 |
Key countries |
US, China, UK, Germany, India, Canada, France, South Korea, Japan, and Italy |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by Application
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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